CoinDesk·4 min read·hard
Everything is becoming a perp
M
Matthew Fisher
✦AI Summary
The financial concept of 'perpification'—the expansion of 24/7 leveraged perpetual contracts—is moving beyond crypto into traditional asset classes like equities and commodities. This shift is being driven by both crypto-native platforms and established financial institutions.
It was under 2% of Nasdaq’s volume. But it’s a market that didn’t exist a cycle ago. That’s the tell.
economycryptotechnology
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